The Housing Infrastructure Fund will provide 10,700 more houses across two major new subdivisions in the Waikato, Finance Minister Steven Joyce and Building and Construction Minister Dr Nick Smith say. Continue →

The total value of insurance claims for the 14 November Kaikōura earthquake is $1.84 billion as at 31 May 2017, the Insurance Council reports
Private insurers have received nearly 43,000 claims, of which over 31,000 are for residential properties. Continue →

Auckland Council’s Finance and Performance Committee has agreed to sell the final $130 million contained in its diversified financial asset portfolio, with proceeds used solely to fund public transport and stormwater infrastructure. Continue →

The OECD has called for greater exploration of options for funding public infrastructure in its latest New Zealand survey
The Organisation for Economic Co-operation and Development notes in its 2017 OECD Survey of New Zealand that the recent Auckland Unitary Plan will allow greater housing densification and some expansion of urban development limits, thus helping boost housing numbers. Continue →

Property Council New Zealand has welcomed the government’s announcement of $11 billion of new funding for infrastructure across New Zealand over the next four years
The funding announcement, ahead of Budget Day, signals a clear commitment by government to continue its support for New Zealand’s economic growth and development. Continue →